Ms. Jennifer Cameron reports

DUNDEE PRECIOUS METALS ANNOUNCES VOTING RESULTS FROM 2025 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

Dundee Precious Metals Inc. has released the voting results from its annual and special meeting of shareholders, which was held by live webcast on Wednesday, May 7, 2025.

A total of 132,500,374 common shares were voted at the meeting, representing approximately 77.83 per cent of the outstanding common shares. Shareholders voted in favour of all items of business before the meeting, as follows.

Election of directors

The shareholders elected each of the following director nominees listed in the company's management information circular. Details of the voting results are set out below.

Appointment of auditor

PricewaterhouseCoopers LLP was appointed as auditor of the company, and the directors of the company were authorized to fix the remuneration of the auditor. Details of the voting results are set out below.

                   Total votes   % of votes cast

Votes in favour    121,668,462             91.82     
Votes withheld      10,831,912              8.18      

Approval of the shareholder rights plan

The ordinary resolution approving the company's shareholder rights plan was passed. Details of the voting results are set out below.

                  Total votes   % of votes cast

Votes in favour   125,650,359             96.51     
Votes against       4,549,981              3.49      

Approach to executive compensation

The advisory resolution was passed at the meeting, demonstrating significant shareholder support for the company's approach to executive compensation. Details of the voting results are set out below.

                   Total votes   % of votes cast

Votes in favour    128,947,682             99.04     
Votes against        1,252,688              0.96      

About Dundee Precious Metals Inc.

Dundee Precious is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Serbia and Ecuador. Its strategic objective is to become a mid-tier precious metal company, which is based on sustainable, responsible and efficient gold production from its portfolio, the development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions. This strategy creates a platform for robust growth to deliver above-average returns for shareholders. Dundee Precious's shares are traded on the Toronto Stock Exchange.